THE SUNDAY.- OREGQNJAK, . ..EQBTLAKP,- :. APKIJj 2$ 1905.
GROWERS OF HOPS
WILL FORM POOL
Demand From Brewers and
From Shorts Stimulates
Prices.
SUPPLY ABOUT EXHAUSTED
Meeting Will Be Held In -Portland
Tuesday, at "Which It Is Hoped
to Get Seventy-Five Per
Cent of Producers.
Hops helS in Oregon, 3,600,000
pounifs.
Worth at present market price,
$1,000,000.
"Worth at S5c a pound. Jli2CO,000.
Additional Eastern capital growers'
combine will bring into Oregon,
S2C0.000.
Conrad Krebs, of Salem, and James
Pincus, of Tacoma, who are lathering the
""taovement for a combination of hopgrow
ers,' by which prices are to be lifted, ar
rived In th'e city yesterday and will re
main here until after the growers' meet
ing, which Is called for next Tuesday
afternoon at the Hotel Portland.
They are both enthusiastic over the
project and are confident oj Its entire
success They have received assurances
that 75 per cent of the hops remaining in
this state will go Into the combination,
and If this proves to be a fact, nothing
apparently can prevent prices from climb
ing upward. It is not known yet what
plan will be decided upon at the meeting,
but the growers will probably agree to
withdraw their hops from the market for
0 days or some other specified period.
The imminence of this meeting is al
ready having a stimulating effect on the
market. Prices are nominally no higher
than a week ago, but this Is because there
has not been enough business on which
to base valuations.
Growers Hold the Hops.
Growers refuse to consider offer? at
prices that have lately ruled. They have
brought about practically a deadlock by
declining to sell, and it is expected they
will succeed In tying up the market
tighter than ever before by the action
they take at Tuesday's meeting.
More anxiety to buy hops has been no
ticed In the past few days and the grow
ers who are still holding have nearly all
been visited by buyers. This, In Itself,
has done much to strengthen the views
of the growers. It shows plainly the pres
ence of buying pressure and plainly Indi
cates that the brewers and short sellers
are becoming frightened by the turn af
fairs have 'taken in this state.
The bulk of the available supply of hops
In this country is In Oregon. The quan
'- t-
Don't
4 Full
tity is estimated anywhere from 18,000 to
23.000 bales. In Washington only 6500
bales remain unsold, and the supply In
California is still smaller. In both Wash
ington and .California strong pools or
combinations have been tormed, and now,
when Oregon gets In line, the producers
will have the beer makers at their mercy.
In view of the acknowledged shortage in
the world's supply of hops, there seems
to be no reason why the Oregon growers
should not now set the pace and put the
market where It statistically belongs.
Supply "Xearly Exhausted.
Not only are supplies of good merchant
able hops In New York exhausted, but
Europe is in no condition to supply the
whole consumptive demand during the
remainder of the season. All that re
mains of the English crop is In the hands
of a strong combine of growers., and
continental stocks are too much reduced
to be a factor In supplying the market.
Adolph Heller, of Prague, Austria, an
acknowledged hop expert, writes under
date of March 20 concerning that crop:
"At Nuremberg the supply Is practical
ly exhausted. There are under 4000 hun
dredweight left The total German stock
on hand, inclusive of Nuremberg, Is not
over 10,000 hundredweight. The Bohe
mian crop Is so reduced that brewers are
buying In Germany. There are scarcely
1000 hundredweight at aaz and in other
Bohemian and Austrian districts there
are not over 1500 or 2000 hundredweight left
for sale."
All these facts, which are well known
In the hop trade, will doubtless be brought
to the attention of the growers present
at the meeting Tuesday, and they will be
shown clearly how they can force prices
up 10 cents or more by their simple re
fusal to sell now, when the brewers are
becoming alarmed over the outlook. It
will also be shown them that a 35-cent
market will bring about $250,000 of Eastern
money more Into the state than If the
hops are sold at prices that have lately
been realized.
A great manx Eastern orders are com
ing in. Judging from the activity of buy
ers In the country. Their desire to pur
chase, say the buyers. Is the result mere
ly of normal conditions; the growers say
a panic has seized the brewers and shorts.
At any rate, the dealers are not filling
their orders very fast, as the grower,
having held on this long, is Inclined to
wait and see what the meeting will bring
forth. The only transaction of any con
sequence that has taken place In the past
week was the sale of the Muecke hops,
reported in this paper yesterdaj'. The
price paid, it is said, was 25 cents.
Statistics of Government.
Borne Interesting figures on the hop
movement to and from the United States
last year are given in the annual sum-
HOP, BEARS SAT Brewers have
plenty roC hops and price will, there
fore decline to 20 cents or under.
HOP BULLS SAT 1 market Is go
ing lower, bears would not be falling
over one another trying to buy at
present prices.
mary of the Bureau of Statistics of the
Department of Commerce and Labor. It
shows imports of hops in the past three
years to have been:
Pounds.
1904.
4.736.4S8
1903 ; 3.SS3.974
1S02 4,778,144
The total exports in the three years
were:
Pounds.
1S04.!T. 17.777.60S
1903.?...' 9,199.448
1502 9.156.244
Of the amount sent foreign last year,
16,782,763 pounds were exported to Eng
land, 534,562 pounds to Canada, 292,957
pounds to British Australasia, and the re
mainder to Continental Europe, Central
and South America. Mexico, Cuba, the
Philippines and Asiatic beer-consuming
countries.
YOU GET IT
15
1
Ml complete, set up in your home,
was awarded the gold
Contest Ends Saturday, April 29,
This is positively thfr
. - ; :
Overlook EIGHT - YEAR
OREGON IMPORTING COMPANY
- Telephone 380 195 THIRD STREET, Portland
' Out - of
Quarts 6-Year-OId Stubble Rye sent to any address, express charges prepaid, for $3.25.
FIGHTS GREftTER
PORTLftNO PUB
Taxpayers' League Opposes
the Annexation of
Territory.
AGAINST 2-MILL BRIDGE TAX
Organization Issues a Circular, In
"Which It Sets Forth Its Positiojti
Towards Proposed Charter
Amendments in Detail.
The Taxpayers' League has declared
itself against the annexation of the ter
ritory between' Portland and St. Johns
and between Portland and Mount Tabor;
against the proposed 2-mlll annual tax
for bridges over gulches; In favor of the
proposal to facilitate grants by the City
Council for connecting tracks and short
extensions for street railways; In favor
of the proposal to Becure deposits of city
funds with City of Portland bonds and
other securities, instead of with bonds of
security companies; against raising the
salary of the clerk of ihe Police Court
from $75 to $100 a month; in favor of the
proposal to impose a penalty of 15 per
cent Improvement assessments, delinquent
90 days; In favor of the" proposal to lessen
the cost of advertising notices of Improve
ment assessments.
All the forogolng proposals will be. sub
mitted to the electors of Portland next
Juno as amendments to the charter. Those
which receive a majority of the votes cast
on them will become parts of the city
charter.
Recommendations of League.
The recommendations of the league are
signed by Leo Friede, vice-president, and
Louis Goldsmith, secretary.
On the question of the special 2-mlII
bridge tax the league says:
'vs a matter of fact, there is no simi
larity of conditions between the building
of bridges by the city as a whole, cross
ing a river which absolutely divides It into
two parts, between which there can be no
communication without the use of bridges
or ferries, and bridges, fills or elevated
roadways crossing gulches In A'arious por
tions of the city.
"Furthermore, If the proposed policy Js
adopted he would be bold Indeed to set
the limits of the extension of the proposed
doctrine.
"We further submit, as it was the
Intention of the promoters of these
bridges to cast the cost thereof on the
city. It would have been but fair to have
allowed these improvements to wait the
adoption of the law, and to have given
other portions of the city an opportunity
In the immediate future to have obtained
bridges.
"We also desire to call the attention of
the taxpayers of this city to the fact that
If this amendment be adopted it will arbi
trarily and irrevocably Increase the tax
rate by 2 mills, and It would seem as
tnough taxes for special purposes such as
this should be carefully considered; other
wise, the levy will become very ojv
prcsslve."
As to the proposal to charge a penalty
of 15 per cent for 90 or more days' delln-
One Coupon Given With Each Fifty
Remember Fortune Knocks at Every One's Door Once. The
last week. Telephone
send
A Big
- town orders shipped
Monday, Tuesday and Wednesday
Three Days' Sale of ';v
Eastern Oak Dressers
No. S2 An $18.00 Solid Oak Dresser,
golden finish, mirror French bevel,
size 20x24, serpentine top drawer,
brass handles; sale price C1C 0
only jIJiJ
No 71 You'd have to pay $20.00 for
this one regularly; it has a shaped
mirror and description is similar
to the former ftf
one.
When In Doubt
Buy of
Powers
quency In payment of Improvement as
sessments, tho league says:
"Under the section of the charter as
now drawn, a delinquency bears Interest
only at the legal rate of 6 per cent, and
as this Is the, only penalty provided, for
nonpayment. In many cases It operates as
an Inducement for people to contest as
sessments, which they would otherwise
pay, and as a consequence has a tendency
to increase tho cost of Improvements by
forcing contractors to "bid on a basis of
a contest and their not receiving their
money within the time they should."
The plan to enlarge the boundaries of
the city the league opposes in the follow
ing language:
"The city territory comprises about 23,
000 acre. We now have more terrltfiry than
we can properly care for. There are con
stant demands, which cannot be complied
with, for additional police and Are protec
tion, lights, care of streets, etc., and we
believe It is unwise constantly to expand
the city's limits. No one at all familiar
with the present limits of the city but
who knows there are hundreds of vacant
acres in every direction. Until these are
ready for use, the GRAND PRIZE RANGE,
medal at the late St. Louis Exposition
your orders in. We
your coupons with the
- OLD O. I.
Fuli Quart for
in plain packages with
THREE DAYS' SALE
Of Odd Dressers They're great values
and will fill in many ao unused corner.
An extra bureau is always useful
TME STORE THAT
populated it would be folly to add to the
burdens of the municipality."
WISCONSIN MEN INDIGNANT
Telegraph Governor LaFollctte Urg
ing State Appropriation for Pair.
More than 200 members of the "Wisconsin
Society of Oregon met In the Elks Hall,
in the Marquam building, last night, to
express their combined surprise and indig
nation in a telegram to Governor La Fol
Iette that no appropriation had been made
to the Fair by their state. They blamed
politics, and sent the following telegram i
"Governor La Follette: The "Wisconsin
Society of Oregon feels greatly humiliated
at the failure of the Legislature to make
an appropriation for the Lewis and Clark
Fair, and strongly urges the passage of
the bill to be Introduced Monday by Sen
ator Bell."
Twice the. Senate of the "Wisconsin Leg
islature has passed an appropriation, but
- Cent Purchase
Knocker Might Be Around
will deliver them free of
order. . .
C. RYE
$1J
FREE
no marks to indicate contents. ' r -
GENERAL DESCRIPTION
These Eastern Oak Dressers are excellently constructed, the
wood is well seasoned, no sticking drawers, which are so annoy
ing; the tops are double solid, and the corners are rounded, giv
ing them a handsome, neat appearance! "We won't argue the
prices as you can judge the values for yourselves.
price
SAVES YOU MONEY '
each time it ha3 been defeated in the
House.
In the absence of President J. K. Kol
lock, his report was read before the meet
ing last night by Treasurer H. L. Powers.
He said that all the 700 newspapers of
Wisconsin had been requested to place the
society on their free mailing list, and
practically all had complied, so that vis
itors to the Fair from "Wisconsin would
be able to get their home papers.
Tom L. Johnson, Commissioner to the
Fair from Great Britain, made an address
on the good that the Exposition will do
Portland. It was decided to hold the an
nual meeting of the society May 29, the
anniversary of the admission of the State
of "Wisconsin Into the Union.'
Captain Stricken "With Paralysis.
Captain "William Johnson, one of' the
most widely known river men in Oregon,
was perhaps fatally stricken with paraly
sis yesterday afternoon near Third and
College streets. Detectives Reslng and
Carpenter, who were near Captain John
son at the time he was attacked, called
a carriage and took him to St. Vincent's
i
v
r,-.:.: -Z:
Now
at 8 P. M.
any extra charge and
;
Built to Fit the
Your money back if dissatisfied.
- -
No. 90 Would be cheap at $22.00;
the French bevel .mirror is 22x2S
inches, but the description is simi
lar to others; our sale 17 ft
is.
, p I I JV
No". 104 Is a beauty for the regular
price, $24.00, but an absolute bar
gain at the price marked (TO A A A
for the sale vPU.UU
Credit Means
Cash
With Us
Hospital, where he Is In a serious condi
tion. About three years ago Captain Johnson
was assaulted by a man, who severely
beat him over the head with a heavy
club. He has not been well since then.
This Is the third time he has been at
tacked with paralysis. It la thought the
malady is due to the severe injuries he
received at the time of the aswiult.
Captain Johnson, who lives on the East
Side, has had charge of different steam
ers on the "Willamette and Columbia
Rivers, for years. He was captain of the
steamer Spencer last Summer when sh
was wrecked near Lyle.
Examination for Firemen.
The physical examination of 4S ap
plicants for positions in the city's Fire
Department were held yesterday morn
ing at Multnomah Field and, during1 the
afternoon the same number were given
a written examination at Ladd School
building. Next Saturday the appli
cants for positions upon the police?
force will be examined as to their abil
ity, physically and mentally.
which
Taste